How Republicans Can Win 2026: Cut Deep, Cut Now
May 30, 2025
The United States faces no shortage of fiscal fictions. Among the most pernicious is the pretense that meaningful spending restraint
The United States faces no shortage of fiscal fictions. Among the most pernicious is the pretense that meaningful spending restraint
The time for hesitation is over. Congressional Republicans must rally behind President Donald J. Trump’s One, Big, Beautiful Bill, not
The classical philosopher Hesiod once wrote that “moderation is best in all things,” but in American politics, the lesson is
The United States, long regarded as the bedrock of global finance, no longer holds its prized AAA credit rating. Moody’s
Fiscal fractures within the GOP torpedo Trump-backed budget… President Trump’s 2025 budget proposal — branded the “Big Beautiful Bill” —
The national debt has become something of a metaphysical object in American politics: omnipresent, quietly oppressive and strangely intangible. One
Treasury Secretary Scott Bessent, in an illuminating address to the New York Economy Club, recounted his first meeting with President
Interest on the federal debt in June was equivalent to 76% of all personal income taxes collected, which is the
It’s rare for an international organization to speak bluntly about a single nation’s policies. But that’s what the International Monetary
Congressional Budget Office (CBO) Director Phillip Swagel’s office has been producing a stream of reports, analyses and outlooks, all showing
As official Washington gears up for an election year budget season, it’s important to review a few salient, and profoundly
The Treasury Department reports that the national debt is a growing problem. That’s not news. What is news: $1 trillion
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